Jan 2, 2013 6:00pm EST
" with jim cramer starts right now. >>> i'm jim cramer and welcome to my world. >> you need to get in the game. >> funds are go going to go out of business, they're nuts. they know nothing! >> i always like to say there's a bull market somewhere. >> hey, i'm cramer. welcome to "mad money," welcome to cramerica. my job is not just to entertain, but to teach and to coach you. so call me at 1-800-743-cnbc. may 2013 be as good as 2012 for you in the stock market. that's what i found myself thinking all day, in spite of today's incredible action, best day in over a year of the. the dow soaring 108 points. the nasdaq rockets 3.07%, i feel like i'm surrounded by people who are already fretting about the next big bad thing. this time it's the debt ceiling fight. they're worried eem as it seems the market has a tremendous case of seller's remorse. they're scared. even as it seems those who fled the market year end are in their buying and buying the same stocks we sold. when we looked certain to plunge into the fiscal abyss. how else do you explain how we got the best first day of the year f
Jan 1, 2013 8:00pm EST
changed with in the room. >> jim of cnn sends out this week. -- tweet. how could the senate passed this 89-8 and yet it is so hard to get it done in the house? >> this is not the first time this has happened. there was a payroll tax cut extension. when you are elected, you have voters from all over the state. you have a lot of people with similar views about the world. when you are talking to your base back home, that is the way it works. one house member, a republican, was saying he had to watch out for his own voters more than the electorate in general. >> thank you for holding. you are on the air. >> hello. i want to know why he. i worked at a company for five years. i am unemployed now. i am getting unemployment. hi husband doesn't work. it was a single family income. i want to know and understand how a cameo -- can you try to raise everyone's taxes and make the poor and like me -- and i am struggling to keep my home right now. nobody wants to come to an agreement on the fiscal cliff. >> i saw a report by the washington post that 71% of people will have their taxes raised by this deal?
Dec 28, 2012 6:00am PST
on the floor but people stepping before microphones. here is representative jim moran. >> there are going to be voting sunday night and then probably watching the skins-cowboys fame in the cloakroom. then we'll, then we'll be in session on december 31st as well. gregg: what does he mean, we're going to vote sunday night? >> here's what might happen. both parties meet with the president today at the white house. they all say look, here we are on the precipice here. let's come up with something so we stop these tax hikes from happening on january 1st. let's come together and come up with kind of a stopgap deal. in other words, something short term. this is something congress will typically do when both sides are at an impasse. they find a way to get by for a little while longer. buy themselves more time. if they come up with a deal like that, the house is coming back into session on sunday night. it is highly possible they could vote on something then. the senate could also pass it and signed into law. gregg: right. >> everyone is talking about there is not enough time. this is not true. co